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4020 Rancho Centro Northwest

4020 Rancho Centro Northwest, Albuquerque, NM 87120
Property in Rancho Sereno
Sold Aug 03, 2018
$320,900
$204,250 by Jpmorgan Chase Bank Na
Mortgage Due Apr 01, 2037
Sold Jul 01, 2005
$182,300
$179,900 by First Heritage Bank
Mortgage Due Jul 01, 2035
4020 Rancho Centro Northwest has been categorized by the local assessors in Albuquerque, NM as a residential type of property. The building on the property was first built in 1997 and is 27 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4020 Rancho Centro Northwest has 2,452 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 18,687 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The building has a hip style roof made of concrete. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, the home is utilizing gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4020 Rancho Centro Northwest was last sold in Aug 3, 2018 for $320,900. According to our calculations, that's $130.87 per sqft. Prior to that sales transaction, the property was sold for $182,300 in Jun 30, 2005. Current property owners are expected to pay $4,738 in taxes per year. The property on 4020 Rancho Centro Northwest was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $110,864. To break that down further, the land itself was valued at $28,044. While improvements to the property were assessed at a total of $82,820. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,687
  • Total Building Area: 2,452
  • Gross Building Area: 2,452
  • Building Area: 2,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,452
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAT OF RANCHO SERENO SUBDIVISION
  • Land Acres: 0.429
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 324-P1 PLAT OF RANCHO SERENO SUBDIVISION UNIT V CONT 0.4288 AC

Ownership

  • Current Owner : NELSON STEPHEN R
  • Current Owner 2: NELSON CINDY B
  • Previous Owner : WILLIAMS CHARLES W
  • Owner Before Previous Owner: STARKEY BRYAN T
  • Owner Before Previous Owner 2: STARKEY LORI

Neighborhood

  • School District Name: Albuquerque Public Schools
  • Census Tract: 004723

Geography

  • Parcel: 1-012-064-427-084-4-01-68
  • Lot: 324-P1
  • Municipality: ALBUQUERQUE
  • Latitude: 35.177
  • Longitude: -106.678

    Address

  • Full Address: 4020 Rancho Centro Nw
  • Legal Unit: 324-P
  • Address - House Number: 4020
  • Street Segment Direction: NW
  • Address - Street Name: Rancho Centro
  • State: NM
  • City Name: Albuquerque
  • Carrier Code: R092
  • 4-Digit Zip Code: 5835
  • Zip Code: 87120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,738
  • Tax Rate Code Area: A1A

    Appraisal Valuation

  • Standard Deviation: 0.1935
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 496,178
  • High Value: 592,200
  • Low Value: 400,157

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $204,250
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2037

    Market Valuation

  • Market Total Value: $332,624
  • Market Land Value: $84,139
  • Market Improvement Value: $248,485

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,864
  • Assessed Land Value: $28,044
  • Assessed Improvements Value: $82,820

    Sales

  • Current Sale Contract Date: Aug 03, 2018
  • Current Sale Recording Date: Aug 03, 2018
  • Current Sale Transaction ID: 11492072877
  • Current Sale Price: $320,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018068169
  • Previous Sale Recording Date: Jul 01, 2005
  • Previous Sale Contract Date: Jun 30, 2005
  • Previous Sale Amount: $182,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEGACY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 03, 2018
  • First Mortgage Loan Amount: $256,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST HERITAGE BANK
  • Previous Mortgage Transaction Date: Jul 01, 2005
  • Previous Mortgage Loan Amount: $179,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Rancho Sereno



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Frequently Asked Questions

What neighborhood is 4020 Rancho Centro Northwest located in?
The 4020 Rancho Centro Northwest is a located in the neighborhood of Rancho Sereno in Rancho Sereno, Albuquerque.
What is the average sales price for listings in 4020 Rancho Centro Northwest?
The average sales price for units in 4020 Rancho Centro Northwest is $0 currently.

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